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too. >> that doesn't mean it's out of reach for mitt romney. i think he has to shift it off to personal stuff and try to get it on the policy stuff and try to run a very policy heavy campaign. that by the way is not what he did this week. he has done a much more compassionate campaign to try to move up his personal ratings. i think that is the wrong strategy. >> is that how he turns it around, by what he talks about. >> i think he's in a difficult position right now, judy, because he's going into debate right now. you have been a little bit behind in this race all the way along. so you say okay, wait until we pick a vice president. you pick a vice president, get a flurry, nothing happens. well, the convention. and now we go in the convention and you know, after the convention, obama opens up a gapment so now it is the debates so the pressure builds. are you going to go in, and do a hail mary pass. everybody has got a trick play they want to use, the statue of liberty, charge them with this, let's do that. so i think it becomes more difficult fo
too. >> that doesn't mean it's out of reach for mitt romney. i think he has to shift it off to personal stuff and try to get it on the policy stuff and try to run a very policy heavy campaign. that by the way is not what he did this week. he has done a much more compassionate campaign to try to move up his personal ratings. i think that is the wrong strategy. >> is that how he turns it around, by what he talks about. >> i think he's in a difficult position right now, judy,...
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that is the new focus on the right. romney was making that point. >> forgive me. that is it a complete misinterpretation. i sat there with all due respect. >> you do not have all due respect for me. >> go ahead. >> hospitality. >> you are eating up time here. ok, it is my turn to talk now. >> there is a distinction -- you overlook the distinction. tax rates and tax revenue. when romney is saying -- how plane can i make it? we are going to cut rates. we are not going to reduce the amount of revenue. exactly as what happened in 1986 with the reagan tax reform. you cut the rates, you eliminate deductions, and you end up with the same amount of revenue. it is what was recommended in the commission that obama had appointed. >> there is study after study after study that says even if he succeeded in doing that, it is not enough to achieve the targets we're talking about. what is interesting is, you never ar romney say, no new taxes. you do not hear him say that. >> colby? >> he proposes a 20% across-the- board tax cuts. >> marginal tax rate. >> alternative minimum tax.
that is the new focus on the right. romney was making that point. >> forgive me. that is it a complete misinterpretation. i sat there with all due respect. >> you do not have all due respect for me. >> go ahead. >> hospitality. >> you are eating up time here. ok, it is my turn to talk now. >> there is a distinction -- you overlook the distinction. tax rates and tax revenue. when romney is saying -- how plane can i make it? we are going to cut rates. we are...
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mike's right that this created an opportunity for romney. he's also right that romney performed better than his campaign has performed recently. but let's remember what most of the problems that romney has had recently. his campaign's been not that great. the prident's team has defined him in a negative way with millions dollars of advertising and so far. he's been a rotten candidate. the things that have really hurt him before his 47% statement, his reaction to libya the stuff that happened to europe. there's a variety of things that happened and it's all about his bad candidate skills. so the part i want to agree with mike about is, he has a huge opportunity going forward but it's not the campaign or not only the campaign that has the opportunity. what the spotlight's going to be on tomorrow is, is the mitt romney that we saw last night in this debate who seems not like the mitt romney we've seen for the last six months, is that mitt romney the mitt romney we see tomorrow. do we see a new reinvigorated mitt romney. is he now putting a foot
mike's right that this created an opportunity for romney. he's also right that romney performed better than his campaign has performed recently. but let's remember what most of the problems that romney has had recently. his campaign's been not that great. the prident's team has defined him in a negative way with millions dollars of advertising and so far. he's been a rotten candidate. the things that have really hurt him before his 47% statement, his reaction to libya the stuff that happened to...
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he did not have the right sound. instead of sounding sympathetic, to people that lost a job it was a little bit well, i don't care if it is getting better. it really isn't getting better. and you can't come across as rooting against, oh, it's actually 11%, there's got to be a sense that, you know, that you are happy that people are-- that things are better. you can't come across as cheer up, eventually things will get worse. that can't be part of your message. >> woodruff: and you mentioned the debate. to the two of you, here we are 48 hours afterwards, david, does it look any different as you look backward through the lens? >> i have two questions. one, first on the romney side he established much more moderate persona i think than he has at any time. so the question to me is how does he develop tham. does he sort of flush out that moderate persona. and try to hit the people he really has to hit which is white working class women in places like ohio to show how government can help them out and how he has a plan to h
he did not have the right sound. instead of sounding sympathetic, to people that lost a job it was a little bit well, i don't care if it is getting better. it really isn't getting better. and you can't come across as rooting against, oh, it's actually 11%, there's got to be a sense that, you know, that you are happy that people are-- that things are better. you can't come across as cheer up, eventually things will get worse. that can't be part of your message. >> woodruff: and you...
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romney takes this american exceptionism too far in saying we are the good guys, our country right or wrong, these foreigners, europe is sort of bad, it is sort of, you know, it is sort of rotten, at least. and the rest of the world is dangerous and the arabs and all, there is a sense of the other is evil, it is not evil dangerous and i think the president is a much more positive view about the world, and perhaps less truculent and less mill tar risk so i think that is a big decision .. do we want to continue to join the world or do we want t stand-alone and use american exceptionism as our sort of justification for more military action? i think it is a real difference. it is within the 40-yard line on both sides but there is a difference, center right, center left and i think it is a good judgment for the american people to think which direction should we be heading. >> #02: thank you, chris, great to have you. >> charlie, it is always great, thank you. >> rose: we will be back, stay with us. >> rose: we continue our analysis of last night's debate from washington, david david leonha
romney takes this american exceptionism too far in saying we are the good guys, our country right or wrong, these foreigners, europe is sort of bad, it is sort of, you know, it is sort of rotten, at least. and the rest of the world is dangerous and the arabs and all, there is a sense of the other is evil, it is not evil dangerous and i think the president is a much more positive view about the world, and perhaps less truculent and less mill tar risk so i think that is a big decision .. do we...
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>> for me, it helped soften romney. to hear it right from the horse's mouth that he does believe in the role of government helping in day to day maybe not to the extent of obama does was helpful. >> i think that, you know, if we look at government in the, in the eyes of history there have been very important roles that government has played in changing, that various things that are very important to all of us today whether it be civil rights, whether it be, you know workplace safety, you know, how long you work every week, these kind of things are all things that were implemented from the top down and nobody here's going to say that the 40-hour work week was a bad idea. nobody's going to say that. that... that you know people of color can now vote. nobody's going to say that. it just, out of were they very, very popular things when they came out? no, they were not. voting right, voting rights act, civil rights act were very... very vilified in many parts of the country. but the idea that you know amacare isot t ansr, it
>> for me, it helped soften romney. to hear it right from the horse's mouth that he does believe in the role of government helping in day to day maybe not to the extent of obama does was helpful. >> i think that, you know, if we look at government in the, in the eyes of history there have been very important roles that government has played in changing, that various things that are very important to all of us today whether it be civil rights, whether it be, you know workplace...
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>> i think the most effective ad that they have is on the air right now. it's capturing a small segment of the statement that governor romney made behind closed doors, not realized he was being taped, about the 47%. and it puts pictures of people who fall into that 47% on the screen and basically suggests that governor romney doesn't want to represent you and you and you. >>> mitt romney attacked 47% of americans who pay no income tax, including veterans, elderly, the disabled. >> my job is not to worry about those people. >> doesn't the president have to worry about eryone? >>> what makes it effective is governor romney's voice. and the fact that when you listen to the extended statement, you can make a plausible case that the tone was dismissive and so the ad reinforces something that people are inclined to believe about a republican, and they do it by showing you governor romney saying something and now a second factor comes into play. he said it in private. and when we're judging messages, we have these shortcuts that we ust come to trust. politicians
>> i think the most effective ad that they have is on the air right now. it's capturing a small segment of the statement that governor romney made behind closed doors, not realized he was being taped, about the 47%. and it puts pictures of people who fall into that 47% on the screen and basically suggests that governor romney doesn't want to represent you and you and you. >>> mitt romney attacked 47% of americans who pay no income tax, including veterans, elderly, the disabled....
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there is a noise exception right now, though, as we welcome president obama and governor romney. ( applause ) >> jim. >> lehrer: gentlemen, welcome to you both. let's start with the economy, segment one, and let's begin with jobs. what are the major differences between the two of you about how you would go about creating new jobs? you have two minutes, each of you have two minutes to start. a coin toss is determined, mr. president, you go first. >> well, thank you very much, jim, for this opportunity. i want to thank governor romney and the university of denver for your hospitality. there are a lot of points i want to make tonight but the most important one is that 20 years ago, i became the luckiest man on earth because michelle obama agreed to marry me, and so i just want to wish, sweetie, you happy anniversary, and let you know that a year from now, we will not be celebrating it in front of 40 million people. four years ago, we went through the worst financial crisis since the great depression. millions of jobs remember lost. the auto industry was on the brink of collapse, the financial
there is a noise exception right now, though, as we welcome president obama and governor romney. ( applause ) >> jim. >> lehrer: gentlemen, welcome to you both. let's start with the economy, segment one, and let's begin with jobs. what are the major differences between the two of you about how you would go about creating new jobs? you have two minutes, each of you have two minutes to start. a coin toss is determined, mr. president, you go first. >> well, thank you very much,...
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i think the romney folks have to change that. >> woodruff: what do you think? i think that's right. he needs to do two things. he needs to be on the attack on the offense against president obama. he needs to tie people's unhappiness withthe economy to obama's own policies because now we have a lot of people unhappy about the economy but not necessarily blaming the president for that. the other thing is he needs to convey to people that he understands something about the struggles of their lives because his biggest deficit in the polling that we do is that sense that he doesn't have a sense... he doesn't care about people like me. he doesn't understand the troubles and the problems that people like me have their lives. and that 47% video has been very damaging, i think, for governor romney on that point. he needs to do two things that are different and maybe hard to do. both of them simultaneously. >> woodruff: that's what i want to ask you. how much contradiction, how much of a tension do they feel in what he needs to do? >> this is so high-stakes for governor romney. this is a clos
i think the romney folks have to change that. >> woodruff: what do you think? i think that's right. he needs to do two things. he needs to be on the attack on the offense against president obama. he needs to tie people's unhappiness withthe economy to obama's own policies because now we have a lot of people unhappy about the economy but not necessarily blaming the president for that. the other thing is he needs to convey to people that he understands something about the struggles of their...
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this advertising the romney camp is doing, how effective it is? >> for one thing they're far behind in terms of spanish language ads, far behind the obama campaign. they've only spent about half as much as the obama campaign had. that number has rampd up dramatically. they say they're going to do a full ad blitz in the last month. they introduced a new ad today which attacks president obama for leaving a $6 trillion national they say for the children and grandchildren. they talk about, this is the spanish-language ad, they talk about how this is going to be a debt they're going to have to pay. they've also come up with some ads where they talk, where you have hispanic voters talking about why they feel disappointed in president obama. where they feel that his promises were not kept. so those are some of the things we're starting to see from them. things that seem a little bit more artful, that some analysts have told me that they think actually are more on the mark, might have more resonance with the hispanic community >> woodruff: very quickly. c
this advertising the romney camp is doing, how effective it is? >> for one thing they're far behind in terms of spanish language ads, far behind the obama campaign. they've only spent about half as much as the obama campaign had. that number has rampd up dramatically. they say they're going to do a full ad blitz in the last month. they introduced a new ad today which attacks president obama for leaving a $6 trillion national they say for the children and grandchildren. they talk about,...
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>> tom: it was right back to the campaign trail today for president obama and mitt romney. the president went on the attack after what's been perceived as a lackluster debate performance. and the president accused governor romney of not telling americans the truth about what president obama calls romney's $5 trillion tax plan. darren gersh, tonight, looks at what the real impact of the romney tax plan could be on the american economy. >> reporter: here's where the president gets that $5 trillion number he used again today. governor romney's plan to cut tax rates by 20% would add up to about $5 trillion over ten years, assuming no other changes. but governor romney is planning to make other changes by eliminating tax deductions worth about the same amount. but the president is accurate when he says governor romney is making many promises in his tax plan. romney says upper-income people will not get a net tax cut; middle-income people will not see their taxes go up; incentives for savings and investment won't be touched; the estate tax and alternative minimum tax will be elim
>> tom: it was right back to the campaign trail today for president obama and mitt romney. the president went on the attack after what's been perceived as a lackluster debate performance. and the president accused governor romney of not telling americans the truth about what president obama calls romney's $5 trillion tax plan. darren gersh, tonight, looks at what the real impact of the romney tax plan could be on the american economy. >> reporter: here's where the president gets...
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mitt romney's remark about 47%. >> what did you read into that? >>. >> i read a lot. >>> what i read is a, he didn't understand what was really the economics of what was going on. because 47%, he said didn't pay income taxes. but many of those people pay payroll taxes. many of those are young people, old people, after all, many of the older people may not be paying income taxes now but they paid their social security contributions. and now they're getting back what they paid for. so to say that they were freeloaders was really denigrating a lifetime of work that they had contributed to. >> rose: where is the federal reserve in all of this? >> the federal reserve obviously wasn't doing what it should have done in the years before the crisis. >> it was paying too much attention to interest rates and not enough attention to employment. >> that was one of the problems. it was not paying enough attention to what the banks were doing. one of the members of the fed actually talked about it. there is a housing bubble going on there is predatory lending go
mitt romney's remark about 47%. >> what did you read into that? >>. >> i read a lot. >>> what i read is a, he didn't understand what was really the economics of what was going on. because 47%, he said didn't pay income taxes. but many of those people pay payroll taxes. many of those are young people, old people, after all, many of the older people may not be paying income taxes now but they paid their social security contributions. and now they're getting back what...
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so romney was right. but on medicaid, where romney said it wasn't wouldn't be a cut twould be inflation plus 1% and obama said it would be a 30% cut. there was an independent study by bloomberg. they say that romney's medicaid proposal, $1.26 trillion loss in medicaid over 10 years under the romney plan. so there were facts and some loose arguing of the facts am but an interesting debate. i am not sure a game changer, but a good night for romney, a little less so for the president. >> thank you. bret, at the beginning of the show, you were jealous of me because i was with the action and now you are with the action. >> yes. chris wallace has good analysis and he can pick good times. coming up, charles krauthammer on who came out on top. he joins us after this break. you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier highways. on once empty fields. everyday you see all the ways all of us at us bank are helping grow our economy. lending more so
so romney was right. but on medicaid, where romney said it wasn't wouldn't be a cut twould be inflation plus 1% and obama said it would be a 30% cut. there was an independent study by bloomberg. they say that romney's medicaid proposal, $1.26 trillion loss in medicaid over 10 years under the romney plan. so there were facts and some loose arguing of the facts am but an interesting debate. i am not sure a game changer, but a good night for romney, a little less so for the president. >>...
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right exactly i mean the whole strategy of the obama team has been to portray met romney as an unacceptable choice in various ways to portray him as an extremely rich man who doesn't understand ordinary people's problems to portray a must someone who has on the acceptably unacceptable tax policies that really favor the rich excessively that strategy came undone to a certain extent last night and i think that romney did really play his hand pretty strongly in terms of both protesting that he did have concern for so-called ordinary people and also suggesting that regular romney that his tax plan was more fair or less favoring the wealthy although let's talk about just because of exactly nihilo me ask you it was a political malpractise for obama not to mention the forty seven percent. political malpractise it was very strict it's strange it was very surprising it was very very surprising that has been the big issue for the past couple of weeks in this campaign and it played perfectly into the case that obama is trying to make that romney simply doesn't care now perhaps obama was trying to sort
right exactly i mean the whole strategy of the obama team has been to portray met romney as an unacceptable choice in various ways to portray him as an extremely rich man who doesn't understand ordinary people's problems to portray a must someone who has on the acceptably unacceptable tax policies that really favor the rich excessively that strategy came undone to a certain extent last night and i think that romney did really play his hand pretty strongly in terms of both protesting that he did...
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romney have scheduled rehearsal times. the hall itself has been closed to cameras all day, no media is permitted in the rehearsals. right now, this is the spin room, where hundreds of the press are setting up their own studios. we also learn from the white house that the president would get the first question tonight, two minutes to respond, and in terms of who is invited to night, students from the university of denver, a member of guests invited by the campaign will be invited and independent. -- in attendance. once again, it all starts with our preview program at 7:00, the debate beginning at 9:00, focusing on domestic policy. earlier this week, journalists and political communications scholars discuss the upcoming presidential debates and ask the citizens to judge candidates on their grasp of issues and the qualities they want in a leader. this was held by the national communications association, took place here at the newseum in washington. this is about one hour and a half. >> it is my distinct pleasure to welcome yo
romney have scheduled rehearsal times. the hall itself has been closed to cameras all day, no media is permitted in the rehearsals. right now, this is the spin room, where hundreds of the press are setting up their own studios. we also learn from the white house that the president would get the first question tonight, two minutes to respond, and in terms of who is invited to night, students from the university of denver, a member of guests invited by the campaign will be invited and...
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(applause) >> romney's right. you guys are like the 47% who are depending on the government to deport people. is that why you like obama because obama has supported a ton of you people. -- deport add ton of you people. >> well, president barack obama has deported more immigrants than any president in the history of the united states. >> stephen: so you get a free ride to the border. (laughter) >> what i would say is immigrants contribute much more to this country than what people might think. undocumented immigrants pay taxes and do the jobs-- >> they are criminals, they're illegals. they broke the law. you know the law? they broke the law. if you break the law you're a criminal, jorge. >> at the same time there are millions of americans who benefit from their work and thousands of american companies who hire them. and we don't call them illegal so we have to talk about co-responsibility. they are here because we benefit from the work. (applause) >> stephen: i don't have a comeback for that so they'll edit it out
(applause) >> romney's right. you guys are like the 47% who are depending on the government to deport people. is that why you like obama because obama has supported a ton of you people. -- deport add ton of you people. >> well, president barack obama has deported more immigrants than any president in the history of the united states. >> stephen: so you get a free ride to the border. (laughter) >> what i would say is immigrants contribute much more to this country than...
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all right. >> mitt romney has never gone more than 17 minutes without blurting out the n word. >> jon: really? >> the n word! >> barack obama gets through this debate without pulling out his dong and swinging it around while yelling check out marine one! it will be a victory! >> if only mitt romney knew how to use a zipper he could zipper the name of one of his sons. >> jon: all right, guys, slow down. if mitt romney doesn't pass out. >> not likely but ifed happens, buying victory. >> jon: and if barack obama keeps his (bleep) in his pants >> i don't see that happening but fingers cross, that would be a huge, huge victory. >> jon: will help americans decide which one of these functional man children is best-equipped to bring america back to greatness. >> yep. >> jon: thank you so much, >> jon: thank you much! transparency, openness, open lines of communication, they are not just phrases you vaguely hear your wife say while you are trying to watch the giants game. also important hallmarks of professional administration and that is the subject of our installment of our new series, do yo
all right. >> mitt romney has never gone more than 17 minutes without blurting out the n word. >> jon: really? >> the n word! >> barack obama gets through this debate without pulling out his dong and swinging it around while yelling check out marine one! it will be a victory! >> if only mitt romney knew how to use a zipper he could zipper the name of one of his sons. >> jon: all right, guys, slow down. if mitt romney doesn't pass out. >> not likely but...
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there's enormous pressure on president obama and governor romney right now. we're asking debate watchers, those who watched the debate to the history books. tonight, just like we will after every upcoming debate, we're breaking it down, issue by issue. this means more talk from the candidate on a particular topic. looking at some of the totals, we'll show you what's going on. but, first, here are some of the highlights from the first presidential debate. >> what things would i cut from spending? first of all, i will eliminate all programs by this test. if they don't pass it. is the program so critical, it's worth boring money from china to pay for it? obama care is on my list. i apologize mr. president. jim, i'm sorry, i had stop the subsidy to pbs. i love big bird, like you too. but i won't keep on spending money to borrow money from china to pay for. i'll take programs that are currently good programs but could be run more efficiently at the state level and send them to state. and make government more efficient, cut back the number of employees, combine age
there's enormous pressure on president obama and governor romney right now. we're asking debate watchers, those who watched the debate to the history books. tonight, just like we will after every upcoming debate, we're breaking it down, issue by issue. this means more talk from the candidate on a particular topic. looking at some of the totals, we'll show you what's going on. but, first, here are some of the highlights from the first presidential debate. >> what things would i cut from...
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romney is up right. >> here barack obama is dropping his focus. he's beginning to drop away from mitt romney. and here he comes down to his paper. >> reporter: she says president obama dropped his posture often, especially late in the debate. that was a signal to many viewers that romney got the better of him. brian todd, cnn, washington. >>> a sharp drop in the jobless rate. what does it mean for president obama and the economy? that's the power of human resources. the society... for human resource management and its members know... how to harness that power, because we help develop it. from the next economy, to the next generation, we help get... the most out of business, by getting the best out of people. shrm. leading people, leading organizations. >>> it's not an october surprise, but certainly some welcome news for the obama white house, waging what has been an uphill battle against unemployment. this week the labor department reported the jobless rate fell sharply in september to 7.8%. that's the same level it was when president obama took
romney is up right. >> here barack obama is dropping his focus. he's beginning to drop away from mitt romney. and here he comes down to his paper. >> reporter: she says president obama dropped his posture often, especially late in the debate. that was a signal to many viewers that romney got the better of him. brian todd, cnn, washington. >>> a sharp drop in the jobless rate. what does it mean for president obama and the economy? that's the power of human resources. the...
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not everyone is willing to admit president obama is actually leading mitt romney right now. despite what the polling data shows. well, stephen colbert weighed in. >> you can't trust polls, right fox news? >> the latest fox news polls give president obama an edge in three key swing states. once you isolate voters who are extremely interested in the election, the race is much closer. >> romney's tied when you focus on the inexpressibly intrigued. and he's up by two points when you count only voters who are psychotically engaged. folks, i have got my own source of polls, conservative blogger dean chambers who analyzed these polls favoring obama and then reached the scientific conclusion that they just didn't look right. chambers' work throws all polls into doubt now. even the internal ones i have taken of myself. i mean, the results say i'm not that excited about mitt romney, but as a conservative i feel like i should love him. maybe the sample size is too small or maybe i checked the wrong box and i'm actually latino, you know? >> it's not a good sign just six weeks from elect
not everyone is willing to admit president obama is actually leading mitt romney right now. despite what the polling data shows. well, stephen colbert weighed in. >> you can't trust polls, right fox news? >> the latest fox news polls give president obama an edge in three key swing states. once you isolate voters who are extremely interested in the election, the race is much closer. >> romney's tied when you focus on the inexpressibly intrigued. and he's up by two points when...
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on wednesday night and that's what he's going to give us. >> this is the ballgame for mitt romney right any because if he doesn't do well at the debate it will be very hard for him to get back in it. >> meanwhile president obama is reportedly hold up in this nevada resort preparing to confront romney. >> what the president will have to do early on is to jump start this the way you would do a jump ball and make sure that mitt romney never gets the ball back. >> if the election were held today, an associated press poll shows mr. obama well within reach of the 270 electoral votes needed for a win with ohio and iowa now among the states he would carry. romney would need to quickly gain the upper hand in nearly all of the nine states where he and the president are competing the hardest. >>> you can see the first debate between mitt romney and president obama right here on abc7. abc news, your voice, your vote. live debate coverage begins at 6:00 p.m. this wednesday. the u.s. supreme court will begin their new term tomorrow and the justices may weigh in on proposition 8. just as clarence thom
on wednesday night and that's what he's going to give us. >> this is the ballgame for mitt romney right any because if he doesn't do well at the debate it will be very hard for him to get back in it. >> meanwhile president obama is reportedly hold up in this nevada resort preparing to confront romney. >> what the president will have to do early on is to jump start this the way you would do a jump ball and make sure that mitt romney never gets the ball back. >> if the...
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>> looking at the polls i don't think it looked great for romney right now but the race could change until election day because we haven't had the debates. media sort of wishful thinking, trying too write off romney. i normally do not buy into the idea media is on board on one side. this the exception. this campaign season has been especially egregious in terms of them ignoring things that are bad about president obama and obsessing over things that mitt romney has done wrong. >> rick: cal, why? >> why? do you have to ask. my goodness. first of all these polls, we talked about this before on the show. i'm opposed to news organizations doing their own polls and making news from them. what you are going to see ten days, two weeks before the election is lot of story line being, hey the race is night thing because they want ratings the but these things are sophisticated form of fortune telling. i passed on the way studio, psychic, let me stop the cab and see who is going to win the election but it's the same approach. >> rick: the narrative that gets plays out in the media. it's almost o
>> looking at the polls i don't think it looked great for romney right now but the race could change until election day because we haven't had the debates. media sort of wishful thinking, trying too write off romney. i normally do not buy into the idea media is on board on one side. this the exception. this campaign season has been especially egregious in terms of them ignoring things that are bad about president obama and obsessing over things that mitt romney has done wrong. >>...
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mitt romney says that is not the right assumption. if i cut taxes across the board and more money into piedmont acre pockets and spend more and have a lower tax rate and have more jobs and more own. >> stimulate the economy. >> and more money will come in. >> that is where the disagreement was. >> mitt romney does have some plans for cutting loopholes and some of these -- >> right. . he says we cut taxes and close loopholes and it becomes revenue neutral and president cited another studying saying you have to raise taxes on the middle class. that is why this becomes so hard to fact check one of these because they are both sort of saying things that are kind of true. >> let's switch to jobs. this doesn't have to do with the debate necessarily last night but it's critical. we have the big monthly jobs report tomorrow and we have some indicators -- >> two indicators. one is the adp a private sector report which historically has given you what is going on two days later and showed a big bump in private sector growth. the last couple of mo
mitt romney says that is not the right assumption. if i cut taxes across the board and more money into piedmont acre pockets and spend more and have a lower tax rate and have more jobs and more own. >> stimulate the economy. >> and more money will come in. >> that is where the disagreement was. >> mitt romney does have some plans for cutting loopholes and some of these -- >> right. . he says we cut taxes and close loopholes and it becomes revenue neutral and...
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there is a noise exception right now, though as we welcome president obama and governor romney. [ cheers and applause ] >> jim. >> gentlemen, welcome to you both. let's start the economy segment 1, and let's begin with jobs. what are the major differences between the two of you about creating new jobs? you have two minutes -- each of you have two minutes to start. a coin toss has been determined mr. president you go first. >> obama: thank you very much for this opportunity. i want to thank governor romney and the university of colorado for your hospitality. 20 years ago i became the luckiest man on earth because michelle obama agreed to a marry me. so i just want to wish sweety you happy anniversary, and let you know a year from now we will not be celebrating it in front of 40 million people. [ laughter ] >> obama: four years ago we went through the worst financial crisis since the great depression. millions of jobs were lost the auto industry was on the brink of collapse, the financial system has frozen up and because of the resilience and determination of the american people we have be
there is a noise exception right now, though as we welcome president obama and governor romney. [ cheers and applause ] >> jim. >> gentlemen, welcome to you both. let's start the economy segment 1, and let's begin with jobs. what are the major differences between the two of you about creating new jobs? you have two minutes -- each of you have two minutes to start. a coin toss has been determined mr. president you go first. >> obama: thank you very much for this opportunity. i...